Fujian Boss (China) Market Value
| 300525 Stock | 17.84 0.41 2.25% |
| Symbol | Fujian |
Fujian Boss 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fujian Boss' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fujian Boss.
| 09/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Fujian Boss on September 30, 2024 and sell it all today you would earn a total of 0.00 from holding Fujian Boss Software or generate 0.0% return on investment in Fujian Boss over 60 days. Fujian Boss is related to or competes with Kweichow Moutai, NAURA Technology, APT Medical, Contemporary Amperex, and Beijing Roborock. Fujian Boss is entity of China. It is traded as Stock on SHE exchange. More
Fujian Boss Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fujian Boss' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fujian Boss Software upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.29 | |||
| Information Ratio | 0.1599 | |||
| Maximum Drawdown | 23.57 | |||
| Value At Risk | (5.42) | |||
| Potential Upside | 7.41 |
Fujian Boss Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fujian Boss' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fujian Boss' standard deviation. In reality, there are many statistical measures that can use Fujian Boss historical prices to predict the future Fujian Boss' volatility.| Risk Adjusted Performance | 0.1537 | |||
| Jensen Alpha | 0.699 | |||
| Total Risk Alpha | 0.1543 | |||
| Sortino Ratio | 0.2026 | |||
| Treynor Ratio | 1.08 |
Fujian Boss Software Backtested Returns
Fujian Boss appears to be somewhat reliable, given 3 months investment horizon. Fujian Boss Software secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2% return per unit of risk over the last 3 months. By reviewing Fujian Boss' technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please utilize Fujian Boss' Mean Deviation of 2.83, coefficient of variation of 526.44, and Downside Deviation of 3.29 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fujian Boss holds a performance score of 15. The firm shows a Beta (market volatility) of 0.72, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fujian Boss' returns are expected to increase less than the market. However, during the bear market, the loss of holding Fujian Boss is expected to be smaller as well. Please check Fujian Boss' downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Fujian Boss' price patterns will revert.
Auto-correlation | 0.47 |
Average predictability
Fujian Boss Software has average predictability. Overlapping area represents the amount of predictability between Fujian Boss time series from 30th of September 2024 to 30th of October 2024 and 30th of October 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fujian Boss Software price movement. The serial correlation of 0.47 indicates that about 47.0% of current Fujian Boss price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 1.01 |
Fujian Boss Software lagged returns against current returns
Autocorrelation, which is Fujian Boss stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Fujian Boss' stock expected returns. We can calculate the autocorrelation of Fujian Boss returns to help us make a trade decision. For example, suppose you find that Fujian Boss has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Fujian Boss regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Fujian Boss stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fujian Boss stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fujian Boss stock over time.
Current vs Lagged Prices |
| Timeline |
Fujian Boss Lagged Returns
When evaluating Fujian Boss' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fujian Boss stock have on its future price. Fujian Boss autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Fujian Boss autocorrelation shows the relationship between Fujian Boss stock current value and its past values and can show if there is a momentum factor associated with investing in Fujian Boss Software.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Fujian Stock
Fujian Boss financial ratios help investors to determine whether Fujian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fujian with respect to the benefits of owning Fujian Boss security.